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HI SB921
Bill
AI Summary
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Amends Section 514B-141, Hawaii Revised Statutes, to clarify that the statute of repose does not affect a condominium association's right of action against a developer sooner than two years after the period of developer control terminates.
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Extends the tolling provision for statutes of limitations to explicitly apply to statutes of repose, which set absolute time limits on filing construction-related claims.
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Ensures condominium associations have a reasonable opportunity to assert legal claims once developer control ends, even if the statutory repose period would otherwise have expired.
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Addresses situations where the period of developer control extends past the deadline set by the statute of repose under Section 657-8.
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Takes effect upon approval.
Legislative Description
Relating To Limitations Of Actions.
Condominiums
Last Action
Act 029, 5/4/2023, veto override.
5/4/2023